[PenultimateManStanding]

The price tiptoed up to 140 and then ducked for cover. The whole month of June was a dance in the 130 range. It's like a delicate dance of doom. Will she or won't she? Busts out in July I say. Up. Then more "DOW Drops 350 points."

[PenultimateManStanding]

Sure enough, the market tip toes up to 140, and like a kid tests the water's temperature. After pulling back the toe it's time to dive in. Then the "analysts" say weak dollar or speculators or tensions in the Middle East, anything but tightening supplies. Then folks get used to a 140 - 148 trading range for a few more weeks, go back to talking about Obama and McCain until it breaks through the 150 level. I heard Senator Schumer talking about oil prices. He was saying this could be a bubble driven by speculators, then he said in a curiously subdued tone, "then again, it might not."